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"We find that funds with facial unattractive managers outperform funds with attractive managers by over 2% per annum. We next show that good-looking managers attract significant higher fund flow..." (H/T @SnippetFinance) papers.ssrn.com/sol3/papers.cf…

BREAKING: BIDEN WORRIED ABOUT UKRAINE CORRUPTION | NATO SUPPORT AT STAKE A leaked report obtained by Politico reveals that the U.S sees corruption in Ukraine as a ‘real threat’, risking NATO’s ongoing military support. The report ‘stresses that corruption could cause Western allies to abandon Ukraine’s fight against Russia’s invasion, and that Kyiv cannot put off the anti-graft effort.’ The Biden administration is trying to keep this report under wraps. They quietly released a strategy to reduce corruption in Ukraine, however it was a LOT LESS CRITICAL than this leak shows. WHY ARE THEY HIDING THIS CONCERN? Not only because U.S dollars are at stake, but to also prevent opponents of U.S aid to Ukraine from gaining more support, 'many of them Republican lawmakers who are trying to block such assistance’ The U.S has been concerned regarding corruption in Ukraine for a while. Biden even highlighted it at a NATO summit PRIOR to the Russian invasion: “They still have to clean up corruption” (video below). IS ZELENSKY TAKING THIS SERIOUSLY? Hard to tell from the outside, but it’s important to note that he recently fired several top defense officials in his fight against corruption. Ukraine cannot afford to lose NATO support. My biggest concern is again our Governments' willingness to hide facts from the public to advance their agenda. And what makes this even more ironic is that YESTERDAY, Biden was criticizing @elonmusk for the misinformation on 𝕏. This is yet another example of the importance of Free Speech in our society. Are the days of Government censorship coming to an end? And will NATO be forced to seek peace over prolonging the war?
























